WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Quarterly Activities Report, page-60

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    Corporate & Treasury
    As at 31 December 2019 Blackham had $5.7m in cash and bullion. The Company’s strong operational performance contributed to the continued balance sheet repair and the face value of debt decreased to $6.6m (Sep’19 Qtr: $9.6m).

    Does anyone know what $6.6m face value debt means?

    Is it a combination of net debt + finance debt = $6.6m?
    or

    Net debt $1m + finance debt? - $5.7m (cash/Bullion) = $6.6m

    I don’t know why companies can’t give it to us straight? Just tell us what the balance owing in the loan facility is!

    And what about accounts payable? ... I’m trying to work out our current liabilities... it seems encrypted.
    Last edited by LibertyS: 23/01/20
 
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